The use of white paper consumption has become more common, as its ease has attracted many users. But while enjoying the facilities, it is important to know what the impact would be if the loan could not be repaid in a timely manner, like a 10-day delay in a white note? Will it be possible to make up for the 10-day delay? These details, which are often ignored by users, are shared today。

What happens when a 10-day delay in the white strip

First, to be clear, once the white strip is overdue, the effect is not just on your money bag. The Beijing White Book has been linked to the Central Bank ' s personal correspondence system, so that its delay will undoubtedly leave traces in the personal correspondence report and create a poor record. Maybe you think, it's only 10 days, but it's not. There is no grace period for the Kyeongdong White Strip, and if the bill is not settled in full on or before the repayment date, it will be marked as overdue, as in the case of your Kyeongdong White Note, which is ten days overdue and must have been recorded in the credit report。

IN FACT, THE DELAY DOES NOT ONLY AFFECT CREDIT, BUT AT THE SAME TIME YOU HAVE TO PAY AN ECONOMIC PRICE FOR IT, WHICH IS, OF COURSE, A CERTAIN AMOUNT OF DEFAULT MONEY. AS OF THAT DATE, THE BEIJING WHITE BOOK AUTOMATICALLY DEDUCTS THE CONTRACT BREACH MONEY. THE SO-CALLED CONTRACT DEFAULT IS CALCULATED AS CONTRACT DEFAULT = UNPAID AMOUNT X DEFAULT RATE X OVERDUE LOAN DATE WITH A MINIMUM DEFAULT RATE OF 0.05%. THEREFORE, THE SOONER YOU PAY, THE LESS THE DEFAULT MONEY YOU HAVE TO PAY。

So, is it possible to remedy the 10-day delay? To be honest, the impact that has been achieved cannot be completely eliminated. On the one hand, you have to pay the late payment and default payments that occurred earlier; on the other hand, the Central Bank’s personal letter system will record your overdue payments and will be able to eliminate the obituary in five years after the arrears have been settled. The only exception is that if you can prove that the delay was not caused by personal factors, such as a medical emergency, you can contact a business and apply for a non-personal delay certificate. It is then sent to Kyoto Finance, which reports to the bank within three working days upon receipt of the certificate, and after verification the bank will remove the overdue record within fifteen working days。